Simon Lowden, CMO, Pepsi Beverages North America, and Ram Krishnan, CMO, Frito-Lay North America, discuss their company's role in the Super Bowl, in particular the halftime show, which could draw as many as 110 million viewers.» Read More
A deal between 3G Capital and either Pepsi or Coca Cola is not impossible, according to Ali Dibadj, consumer analyst at Sanford C. Bernstein.
Discussing if 3G Capital has set its sights on PepsiCo or Coca-Cola, with Ali Dibadj, Sanford C. Bernstein senior analyst.
Activist investor Nelson Peltz stepped up his fight to break up the company, as his Trian Fund nominated himself and three other members to the board.
Having more females in higher positions could help a company's stock, if the initial performance of Barclay's Women in Leadership ETN is any guide.
Jan 8- Activist investor Nelson Peltz, one of DuPont's largest shareholders, stepped up his fight to break up the industrial conglomerate, as his Trian Fund nominated himself and three other members to the board. Trian Fund Management L.P., which Peltz heads, said on Thursday that investment funds it manages own 24.3 million DuPont shares worth about $1.8 billion.
Some of the names on the move ahead of the open.
Executives at the New York- based Brazilian investment firm are discussing the possibility of buying a food or beverage company such as Campbell Soup Co or even PepsiCo Inc, the newspaper reported. 3 G could collaborate with brewing company Anheuser-Busch InBev or end up taking only pieces of PepsiCo, which has a market capitalization of about $140 billion, the...
The televised advertising space during the Super Bowl, at up to $4.5 million per 30-second slot, is virtually sold out. The USAT reports.
If the weak euro, strong dollar and cheap oil persist, these commodities and stocks will predictably take a hit.
One trader is betting big that 2015 will bring a pop for the soft drink giant.
ABINSK, Russia, Dec 28- As U.S. and European sanctions piled pressure on Russia earlier this year, the Kremlin hit back with an unusual weapon: apples. A day after Russia decreed Polish apples forbidden, Gennady Timchenko, who made a fortune from oil trading during Putin's years in power, applied to buy a large stake in one of Russia's biggest apple producers.
Some U.S. companies took immediate steps to enter the Cuban marketplace after Obama's move to end the trade embargo. The NYT reports.
Dec 18- Kraft Foods Group Inc on Thursday said Tony Vernon would retire as chief executive officer later this month, with Chairman John Cahill succeeding him as the company battles sluggish demand for packaged food products in the United States. Kraft shares rose 6.4 percent to close at $63.38, an all-time high since the company was spun off from Mondelez...
Dec 18- Kraft Foods Group Inc on Thursday said Tony Vernon would retire as chief executive officer later this month, with Chairman John Cahill succeeding him as the company tries to accelerate its growth. Vernon, who has headed the company since it was spun off from Mondelez International Inc in October 2012, has focused on expanding its reach among growing...
Dec 18- Kraft Foods Group Inc appointed Chairman John Cahill as chief executive to succeed Tony Vernon, who has headed the company since it was spun off from Mondelez International Inc in October 2012. Cahill, who will remain chairman, formerly worked at PepsiCo Inc and served as CEO of Pepsi Bottling Group Inc.. Kraft said Vernon will retire as CEO on Dec. 27 but will...
Kraft Foods announced on Thursday that its board of directors has named John Cahill to the position of Chairman and CEO of the company.
Dec 17- PepsiCo Inc earnings could come under pressure in the fourth quarter due to currency fluctuations, investors said, as the company's biggest foreign markets- Russia, Mexico and Canada- have all taken hits to their currencies in recent months. While international expansion has helped PepsiCo diversify, it has exposed it to broader economic problems and...
*Indexes: Dow down 0.7 pct, S&P down 0.9 pct, Nasdaq down 1.2 pct. NEW YORK, Dec 16- U.S. stocks fell for a third day in a volatile session Tuesday, led by declines in consumer discretionary and technology shares, while another drop in the Russian rouble added to worries about the global economy. People buy stocks that have done well so you get this bump up, "said Daniel Morgan,...
Salty snacks are a $16 billion business, but Americans are increasingly looking for something healthier. Like beans.